DAX - 4H - Possible Movement
Hello friends,
The drawing shows three separate fibonacci.
- I have an expectation of correction to 0.618 of the big wave on the left.
- The small fibonacci in the upper right indicates that wave 2 has returned exactly from 0.618.
- When we stretch using the 1st and 2nd waves on the right, 1.618 level works equal to 0.618 of the big wave on the left.
It is shared for educational purposes only, not a buy-sell signal or a trading chart. I hope it benefits.
The drawing shows three separate fibonacci.
- I have an expectation of correction to 0.618 of the big wave on the left.
- The small fibonacci in the upper right indicates that wave 2 has returned exactly from 0.618.
- When we stretch using the 1st and 2nd waves on the right, 1.618 level works equal to 0.618 of the big wave on the left.
It is shared for educational purposes only, not a buy-sell signal or a trading chart. I hope it benefits.
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